Individual Disability Insurance

An Individual Disability Income policy can help keep you financially stable during difficult times by paying a monthly income, directly to you, when you are sick or hurt and unable to work. It is great as a primary income replacement plan or as a supplement to your salary continuation or group disability plan.

You have the option to choose the combination of coverages that best meet your needs by selecting:

The amount of coverage you need
The length of time you must be disabled before benefits begin
The length of time benefits are paid to you

Policy Benefits

Monthly Income Amount: After you have been totally disabled because of injury or sickness for the elimination period selected, the policy begins payment of the monthly income amount while you are totally disabled, up to the maximum benefit period you chose.

Partial Disability: If you remain partially disabled following a period of total disability, the policy will pay a percentage of the monthly income amount for the selected period.

Waiver of Premium: After benefits have been payable for three consecutive months, the subsequent premiums falling due are waived (paid by the Company) while your disability continues.

Rehabilitation Expense: If during a period for which total disability benefits are paid, you participate in a formal rehabilitation program, approved by the Company, the policy will pay for the costs actually incurred for tuition, books, and equipment up to the specific policy limit.

Optional Benefits

Social Security Supplement Rider: Pays an amount in addition to the monthly income for total disability during the first six months that disability benefits are payable. To continue receiving benefits beyond six months, you must provide documentation that you have applied for Social Security disability benefits. Benefits for the seventh and subsequent months will be reduced by any benefits payable by Social Security.

Cost of Living Adjustment Rider: Provides for an additional benefit based on Consumer Price Index for All Urban Consumer, United States City Average, All Items (CPI-U) after benefits for total disability have been payable for twelve consecutive months. The CPI-U is limited to a 5% annual maximum and an overall maximum equal to the monthly income amount selected.

Note: Coverage statements are general descriptions only. The full and exact contract is contained only in the policy. Product availability only in the state of Texas. Please email an agent if you have any questions.